North Pole Economic Development Corp
Nonprofit profile at a glance
- EIN
- 264149078
- IRS 990-EZ coverage
- 2010–2015
- Forms available
- Form 990-EZ 2015
- Location
- North Pole, AK, USA
- Phone
- 9074884558
- Rating confidence
- Limited
- Sector
- Public, Societal Benefit
Reported finances
- Revenue
- $134,365
- Expenses
- $72,312
- Assets
- $57,233
- Liabilities
- $10,341
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Jim Johnsen (Vice President)
- Wes Madden (President)
People named in this filing
- Paul Brown (Treasurer)
- Renee Staley (Secretary)
- Jim Johnsen (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the organization is to attract, retain and support businesses in the city of North Pole, Alaska and within additional target areas to be defined by the Corporation that provide employment and business opportunities and promote the well-being of its residents.
What it reported doing in 2015
The organizations exempt purpose was achieved by attracting, retaining and supporting businesses in the city of North Pole, Alaska.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 46.2%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 0.79; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 41.5%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.7% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 5.2% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2010 to 2015
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.